Posted by cwa82675 on 16th of Nov 2009 at 10:46 am
this seems to have played out with intensity scaring all the
shorts out and forcing anyone who wasnt long to pile on (see
toggle). we now have neg div on the 30 min charts and
above. a pullback here with a slight push higher will form
neg div on the 5-15 min charts. that along with the backtest of
another trendline had me double my tza and ery and take another 50%
of sds via a sso short. these are all swing positions that I
dont plan on covering unless we only show 3 waves down on the next
move down. dont forget matts fan chart.
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this seems to have played
SPX 5 min
Posted by cwa82675 on 16th of Nov 2009 at 10:46 am
this seems to have played out with intensity scaring all the shorts out and forcing anyone who wasnt long to pile on (see toggle). we now have neg div on the 30 min charts and above. a pullback here with a slight push higher will form neg div on the 5-15 min charts. that along with the backtest of another trendline had me double my tza and ery and take another 50% of sds via a sso short. these are all swing positions that I dont plan on covering unless we only show 3 waves down on the next move down. dont forget matts fan chart.